Cyprus Oil Drilling

An important bilateral pact between Greece and Cyprus that will facilitate joint search-and-rescue operations between the two Mediterranean allies was signed on Monday. According to an official statement by Cypriot authorities, the deal provides for the coordination of search-and-rescue operations...

The Cyprus Government has described the drilling for hydrocarbons in the Turkish occupied area of Famagusta "illegal," noting that this action demonstrates Ankara’s and Turkish Cypriot leadership’s lack of will for a solution to the Cyprus problem. Government Spokesman Stephanos...